PolyAlpha
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Activity: 28
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June 29, 2018, 11:54:47 PM |
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There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.
Indeed that's true. But it's not like they can be stopped easily. We can just sort through them and see which we want to invest in.  |
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adekogbe
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June 29, 2018, 11:58:40 PM |
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The bulk amount of ICOs getting launched daily and raising funds for mostly crappy projects is too much. This is one of the reasons why regulators are pushing for some form of regular which is going to make the crypto space safer for the investigation.
Something should be done about it.
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goatpo
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Activity: 29
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June 30, 2018, 12:03:19 AM |
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Indeed, many of them are scams and a lot of them will disappear in few years.
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19Nov16
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June 30, 2018, 01:32:39 AM |
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There are currently hundreds of ICOs that compete to achieve softcap or hardcap, with a very tight competition of course this makes many projects fail to achieve softcap, for the investor side of course to be an advantage because of the many options.
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bohtrung3
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June 30, 2018, 02:49:47 PM |
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for now there are so many ICOs, but honestly I think we will only see this number increase in the next few years as more companies are trying to incorporate Blockchain into their business for now, because blockhain will be superior to if it is managed with good and we need activists in this regard.
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saffira
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June 30, 2018, 02:53:33 PM |
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This leads to confusion on which to invest. After a month or two, they will announce pause, or soft cap failed. It is hard to choose the legit one. Extra care is necessary and be aware of scams.
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Wyne
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June 30, 2018, 03:07:57 PM |
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There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.
Yes, you are right, that is the reason why many ICO fail while other became scam project. Each ICO has its own unique project proposal that offers their possible role in the advancement of technology but identifying which is good and which has not become a great challenge to many investors. It also brings doubt and confusion to investors whether ICO is a good choice to invest with. This concern must be properly addressed so sprouting of new ICO every day will be reduced and those ICO with great potential to succeed will be allowed to launch. It will be only possible to happen if there will be rule and quality control to be passed prior to launching and introducing in the market. |
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strauberyg
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July 01, 2018, 01:09:25 AM |
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i think no body can stop it, token market just started growing. There are too many ICO and some of them failed and finally many investor loss their money, in my opinion now need regulation to protect investor from fraud, with regulation also possible to increase the demand of the token, because will be more people believe they put their money in to right place. Regulation also make good fundamental for others crypto so the total marketcap can be increase to more than 1$ Billion.
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OmarGsPools
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July 01, 2018, 02:51:36 AM |
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Yes, i agree with that, there are too many ICOs and its are still coming. Unfortunately new money entry is limited in the market, so many ICOs initially fail at the token sales phase. However, according to the free market everyone is free to offer their ideas to the market and ultimately the decision of the investors is important in terms of the permanence of the project.
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harbin55
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July 03, 2018, 10:21:01 AM |
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Yup, there are a too many ICOs in cryptocurency
because there’s a lot of a coin or investments that spread out in this business and industry but not all of them is reliable to be trust because some of them are scam.
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BlasterS
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July 06, 2018, 05:14:48 PM |
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Yes, they are too many ICOs, and it is not a shocking news nowadays
because it is a normal scenario in this business and industry because they are compete to each other but not all of them are real.
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EricJones
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July 07, 2018, 01:34:25 PM |
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True. The worst part of it all is that there are now so many scams that there is no easy way to tell which of these icos are scams and which ones are legit. We need some kind of regulation on the amount of icos to be put in the market and there should be some rules that they need to pass through before they can release coins, this is what will help reduce the volume of icos.
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Tearz
Sr. Member
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Activity: 627
Merit: 250
The Pope Of Dope
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July 07, 2018, 01:38:50 PM |
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Is it so terrible for you personally dude? As for me it doesn't really matter. It will stop in next several years imho and we will be regret about this times with many ICO's and many oppurtunty to raise easy money. So you should catch the moment now.
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skorupi17
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July 07, 2018, 01:47:02 PM |
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There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.
ICOs will not stop, well not yet. We might see ICOs for the following years but it will be lessen because government will definitely regulate ICOs due to the increasing number of scam ICOs. I've read an article before that states the massive ICOs will be the cause of collapse in Ethereum's network. It might be true but I haven't think about how will it cause collapse. |
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jeraldskie11
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July 07, 2018, 01:55:25 PM |
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There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.
Yes you're right. There are many ICOS coming every so that we don't know exactly if that ICO is legit. Because in my experienced, I scammed by a ICO project because I think it was really legit but in the end l lost. Even now, there's some ICOs that still legit so before to give your support on them, read their white paper and follow their news regularly. |
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jonas5222000
Member
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Activity: 476
Merit: 10
Student Coin
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July 07, 2018, 01:59:39 PM |
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If there are many ICO`s make sure that there more scam ICO`s so be strictly of you are choosing some ico ,make sure that you have enough knowledge about it and be active in their social media sites like twitter,facebook and most of all telegram.
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akuser
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Activity: 526
Merit: 100
markaccy.io
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July 07, 2018, 01:59:47 PM |
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Yes that is true, and most ICOs I encounter end up with fraud. But it can not be denied that there are still some ICOs who do the job right and have careful planning. so for the future we must be observant in choosing ICO.
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Glad108
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July 07, 2018, 02:00:34 PM |
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Yes, the ICOs are many though. I don't think the ICOs should be stopped, but rather the seemingly fraudulent ones without a clear project plan or relevance to the society should be stopped. I just hope there will be a way of tracking the fake ICO and bringing the fraudsters to book. I will device a way soon. Hopefully!
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Vasilisochka
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Activity: 297
Merit: 10
🤖UBEX.COM 🤖
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July 07, 2018, 02:00:45 PM |
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Unnecessary projects will disappear by themselves, because they simply can not collect the necessary amount of money for promotion.
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VeeraS
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July 07, 2018, 02:04:54 PM |
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There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.
I think it will be very difficult to stop, now there are many and varied innovations in stretcher by ico developers. I think I should agree with you, there are many ico who just want to make quick money and the rest into useless trash. we are in great need of regulation to keep the industry aligned. |
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